Leadership
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
[SINGAPORE] Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to a fire risk...
Stop Chasing Funding, Start Chasing Customers
There’s a lie many founders hear on day one: you need outside money to build a real business. You don’t. The first step isn’t a pitch deck. It’s a...
Luxury retailer Saks Global files bankruptcy after turnaround fails
US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround[NEW YORK] Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load...
F&N unit prices S$125 million in fixed-rate notes due 2033 at 2.6%
The notes are payable semi-annually in arrears and will be issued in denominations of S$250,000 each[SINGAPORE] Beverage maker Fraser and Neave (F&N) has priced S$125 million in fixed-rate notes...
Power crunch, red tape forcing Asia’s data centres out of hyperscaler hubs
Operators are pivoting towards a ‘decentralised’ model – which places data centres in ‘Tier-2’ cities[SINGAPORE] Operators are starting to move data centres out of metropolitan hubs and opting for...